PPP Loan information for Action products inc

$776,200

Action products inc was initially approved for PPP Loan of amount $776,200, the current approved amount is $776,200. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 69 jobs and $776,200 was used to fund payroll.

Action products inc is Existing or more than 2 years old

ACTION PRODUCTS INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ACTION PRODUCTS INC

Borrower Address

954 SWEENEY DR

Borrower City

HAGERSTOWN

Borrower State

MD

Borrower Zip

21740

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

776200.00

Current Approval Amount

776200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAGERSTOWN

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-0900

CD

MD-06

Jobs Reported

69

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

776200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

786915.87

Forgiveness Date

08/31/2021

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